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ASIC nudges banks to pay outstanding $1.6bn in remediation
29 September 2022
ASIC nudges banks to pay outstanding $1.6bn in remediation

The corporate regulator has reminded the finance sector of the whopping debt owed to millions of consumers, by updating its guidance.

Expanded CDR to give customers more control 
28 September 2022
Expanded CDR to give customers more control 

The Treasurer has expanded the CDR draft legislation to give customers more control on how they manage their data.

‘Resilient’ unit prices take a hit
27 September 2022
‘Resilient’ unit prices take a hit

While units have been more “resilient” to price falls, compared to houses, the latest data reveals the downswing has kicked in.

LATEST PODCAST: Treasurer green-lights 2 separate mergers
26 September 2022
LATEST PODCAST: Treasurer green-lights 2 separate mergers

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

Stress testing proves banks’ resilience: RBA report
26 September 2022
Stress testing proves banks’ resilience: RBA report

A research paper by the central bank has shone a light on the effectiveness of stress-testing banks during the COVID-19 pandemic.

Pandemic throws Reserve Bank into ‘significant’ loss
23 September 2022
Pandemic throws Reserve Bank into ‘significant’ loss

The RBA’s deputy governor said pandemic spending has blown the central bank’s budget out by more than $35 billion.

A third of Aussie homes could be 3D-printed by 2030
23 September 2022
A third of Aussie homes could be 3D-printed by 2030

An expert has predicted that as much as 30 per cent of houses in regional Australia will be constructed using 3D-printing technology within the next 10 years.

Cheap credit ‘hangover’ has arrived: Dalton
21 September 2022
Cheap credit ‘hangover’ has arrived: Dalton

EXCLUSIVE As the RBA attempts to extinguish inflation with rising rates, an Australian mortgage market pioneer concedes that the long run of cheap credit had to end eventually.

October cash rate hike open for debate, amid RBA minutes
21 September 2022
October cash rate hike open for debate, amid RBA minutes

The central bank’s September minutes revealed that while the board “saw a case for a slower pace of increases” as becoming stronger, the debate remained hot among economists.

Rate hikes could ‘lower’ repayments: RBA
20 September 2022
Rate hikes could ‘lower’ repayments: RBA

The RBA says new home owners could benefit from lower mortgage repayments as rate hikes reduce property prices.